September 2021 Group Watch: Alabama Ranked Among Best States for Business, Again
National publication Area Development reports that a survey of site selection professionals once again ranked Alabama among the top state for business, citing a range of factors that contribute to an inviting growth environment. Alabama ranks No. 6 overall in the magazine’s 2021 issue, the same overall as the previous year. The showing continues a long run in the survey’s Top 10 that reflects the state’s longstanding emphasis on facilitating economic growth and job creation. Alabama earned Top 10 rankings in 10 out of 13 different individual categories in the Area Development survey. High marks for Alabama include Speed of Permitting No.1; Overall Cost of Doing Business No.2; Business Incentive and Favorable Regulatory Environment No.3; Workforce Development Programs No.5; Cooperative and Responsive State Government No.6; Available Real Estate No.7; Site Readiness Programs and Energy Availability and Costs No.8; and Competitive Labor environment No.9. In July, the state earned the No.5 spot in Business Facilities magazine’s business climate rankings.
